Mortgages and Property

USA

United States Mortgages for purchasing a property in America - 75% SELF CERT LOANS AVAILABLE - DETAILS ON REQUEST

-Includes United States Residential Properties

If you are considering purchasing a property in America, United States Mortgages are available for all Nationalities for either House Purchase, Home Improvements or Equity Release.

Type of United States Mortgage: Repayment Mortgage only.

Minimum: £30,000 if the loan is in Sterling*, $250,000 if the loan is in Euros* and $60,000 if the loan is in US$, No Maximum, but cannot exceed 80% of valuation or purchase price (whichever is the lower), except in NEW YORK where loans up to 90% may be considered

Proof of Income: required in all cases over 75% (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available).

Term: maximum 30 years

Currency: US Dollars, Euros* & Sterling* only

Current Interest Rates from approx 1.45% Low Start in US Dollars in Florida, Arizona, California, Carolina (North & South), Colarado, Connecticut, District of Columbia, Deleware, Georgia, Hawaii, Illinois, Kansas, Michigan, Nevada, New Hampshire, New Jersey, New York, Pennsylvania, Texas, Virginia and Utah

from approx 6.50% Variable in US Dollars in the rest of the USA - or from approx 5.09% Variable in Sterling* or from approx 4.75% in Euros*

*PLEASE NOTE, THAT AT THIS TIME, STERLING & EURO LOANS ARE ONLY AVAILABLE IN FLORIDA, CALIFORNIA, COLORADO, HAWAII, NEVADA, NEW YORK & WASHINGTON STATE

Example United States Mortgage in US Dollars: Repayment Mortgage of approx $100,000 over a period of 30 years at a Variable Interest Rate of approx 6.50% = approx $639.00 capital & interest per month = a total approximate amount payable over the term of approx $233,800 including capital, interest, arrangement & survey fees.